Businesses Take Less
Office Space Nationwide

Landlords Feel Pain
As Market Softens;
Tenants Gain Edge

Companies are taking less office space across the nation, driving down rents in most markets and causing pain for real-estate landlords. It is also making it easier for businesses to rent space.

Nationwide, rents on office properties -- including landlord concessions and discounts -- rose 0.7% in the second quarter to $25.16 a square foot, the slowest growth since the second quarter of 2005, when the office market was just emerging...